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IPFS News Link • Space Travel and Exploration

US Senate Passes Compromise Commercial Space Bill

• Space.com

The Senate approved by unanimous consent H.R. 2262, the U.S. Commercial Space Launch Competitiveness Act. The bill reconciles a House bill, originally known as the Spurring Private Aerospace Competitiveness and Entrepreneurship Act of 2015, passed in May with a Senate bill approved in August.

The final bill includes lengthy extensions of two provisions of commercial launch law that were scheduled to expire next year. It extends through September 2025 government indemnification of third-party damages from commercial launches beyond a "maximum probable loss" amount launch providers must ensure against. That indemnification was scheduled to expire at the end of 2016.


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